Vietnamese crab exporterdouble-skinned crabsgood crabexellent crab

Central Bank Governor Vows to Support KPK’s Investigation into Alleged CSR Corruption

BeritaSatu
December 18, 2024 | 11:31 pm
SHARE
Bank Indonesia Governor Perry Warjiyo listens to questions from journalists during a news conference at the central bank headquarters in Central Jakarta, Wednesday, Dec. 18, 2024. (Antara Photo/Aprillio Akbar)
Bank Indonesia Governor Perry Warjiyo listens to questions from journalists during a news conference at the central bank headquarters in Central Jakarta, Wednesday, Dec. 18, 2024. (Antara Photo/Aprillio Akbar)

Jakarta. Bank Indonesia Governor Perry Warjiyo pledged on Wednesday to fully cooperate with the Corruption Eradication Commission (KPK) in its ongoing investigation into alleged corruption involving the central bank’s corporate social responsibility (CSR) program.

His statement came after KPK investigators searched the Bank Indonesia headquarters in Jakarta on Monday, including his office, as part of the probe.

The investigation centers on suspected irregularities in the disbursement of scholarship funds under Bank Indonesia’s CSR initiatives. While details of the case have yet to be disclosed, KPK has named two suspects, whose identities remain confidential.

The investigation has been underway for several months. In September, KPK Director of Investigation Asep Guntur Rahayu revealed suspicions that portions of the central bank’s CSR funds were being misappropriated and directed to unauthorized individuals.

ADVERTISEMENT

"Bank Indonesia respects the ongoing legal process conducted by the KPK. We support the investigation and will fully cooperate with KPK," Perry said during a press conference at his office.

He added that Bank Indonesia’s CSR programs are implemented in accordance with existing regulations, with funds allocated exclusively to authorized and registered foundations.

“Recipients are required to demonstrate concrete programs, oversight mechanisms, and accountability reports before receiving funds,” Perry said.

The central bank’s CSR funds are allocated annually to three main areas: education, community economic empowerment, and religious activities. According to Perry, the education program provides scholarships to approximately 11,000 students each year.

Tags: Keywords:
SHARE

Related Articles


Business Jun 18, 2026 | 7:09 pm

Bank Indonesia Cuts Foreign Currency Purchase Threshold to $10,000

Indonesia is tightening foreign exchange rules by lowering thresholds for undocumented currency purchases and transfers.
Business Jun 18, 2026 | 2:34 pm

Bank Indonesia Lifts BI Rate to 5.75%

Bank Indonesia raised its benchmark rate to 5.75% to support the rupiah as the currency weakened to Rp 17,796 per US dollar.
Business Jun 11, 2026 | 11:26 pm

Indonesia to Establish Renminbi Clearing Bank to Deepen Financial Ties With China

Indonesia and China have agreed to establish a renminbi clearing bank in Indonesia to expand local-currency transactions.
Business Jun 11, 2026 | 5:10 pm

Economist: BI’s Rate Hike Seeks to Prevent Confidence Crisis

Bank Indonesia's surprise rate hike underscores mounting rupiah pressure, but economists warn monetary policy alone is not enough.
Business Jun 9, 2026 | 4:27 pm

Rupiah’s Sharp Decline Prompts Surprise Rate Hike, Governor Says

Bank Indonesia raised its benchmark interest rate to 5.50% after the rupiah weakened more sharply than policymakers had anticipated.
Business May 22, 2026 | 1:42 pm

Bank Indonesia Allows Export Earnings Deposits in Non-US Currencies

Bank Indonesia has expanded allowable currencies for export earnings deposits, reducing reliance on the US dollar.
Business May 20, 2026 | 7:32 pm

Foreign Investment in Bank Indonesia Securities Surges to Rp 221.6 Trillion

Foreign holdings in Bank Indonesia securities nearly doubled as higher yields attracted global investors despite rupiah volatility.
Business May 20, 2026 | 2:50 pm

BI Raises Rates to 5.25% as Middle East Turmoil Hits Rupiah

Bank Indonesia raised rates by 50 bps to 5.25%, exceeding forecasts as policymakers moved to defend the rupiah.
Business May 19, 2026 | 4:18 pm

Indonesia Cuts Dollar Purchase Limit to $25,000 to Defend Rupiah Effective in June

Indonesia will halve the limit for dollar purchases without underlying transactions as authorities seek to stabilize the rupiah.
Business May 19, 2026 | 8:17 am

Governor Perry Says BI Avoiding Over-Intervention on Rupiah

BI says aggressive rupiah intervention risks draining liquidity, citing lessons from the 1998 and 2008 crises.

The Latest


News 3 hours ago

Fajar and Fikri Upset World No. 1 Pair to Win Japan Open

The Indonesians prevailed 21-19, 21-17 after producing a composed performance to counter the Koreans' aggressive style of play.
Business 5 hours ago

Indonesia Stocks Add $22.7 Billion in Value as Banks Lead Market Rally

Indonesia's stock market added $22.7 billion in value in a week as banking stocks led a broad-based rally.
News 6 hours ago

KPK Urges Low-Cost Campaign Model After Arresting 15 Regional Leaders in 1.5 Years

Since the start of 2025, the KPK has arrested one governor, one mayor, and 13 regents in separate corruption investigations.
Tech 7 hours ago

Indonesia Eyes Bigger Role in New Global AI Organization

Indonesia sought deeper AI cooperation and Chinese investment while backing a new global AI organization.
Business Jul 18, 2026 | 3:56 pm

Prabowo Orders Up to 50 Ethanol Plants to Support E20 Fuel Program

Indonesia plans E20 gasoline within years, backed by up to 50 new ethanol plants and a nationwide sugarcane replanting drive.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED